Question: Question 3 ( 1 point ) Listen A portfolio manager notes that equities are now too large a percentage of his portfolio, based on his

Question 3(1 point)
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A portfolio manager notes that equities are now too large a percentage of his
portfolio, based on his asset allocation strategy. However, he feels strongly that the
equity markets will continue to perform well, and based on his understanding with
his client, does not rebalance his portfolio. Which of the following strategic
approaches to asset allocation is the manager pursuing?

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